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Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and adaptive immune responses to treat a variety of cancers. This improves the ability of the immune system to fight cancer, making tumors more susceptible to a broad range of oncology treatments. The Company’s primary focus is to advance its programs in hormone receptor-positive / human epidermal growth factor 2- negative (HR+/HER2-) metastatic breast cancer and advanced/metastatic pancreatic ductal adenocarcinoma to registration-enabling clinical studies. In addition, it is exploring opportunities for registrational programs in other gastrointestinal cancers through its GOBLET platform study.


TSX:ONC - Post by User

Comment by Noteableon Jun 16, 2023 5:53pm
119 Views
Post# 35501102

RE:RE:RE:RE:RE:RE:Bayer looking for a "mid-size M&A transaction" in oncology

RE:RE:RE:RE:RE:RE:Bayer looking for a "mid-size M&A transaction" in oncologyPharma giant Bayer is launching a precision health unit. "We believe we can help consumers move from reactive to proactive aging, with individualized insights about their biological age at all stages of life," said Heiko Schipper, president of Bayer's consumer health division.

Schipper pointed to Bayer's work with Edifice Health, a company that uses state-of-the-art ‘omics’ platforms and advanced artificial intelligence to generate a biomarker composite score for systemic chronic inflammation, a core driver of many age-related diseases including cancer, cardiovascular disease and autoimmune disease.
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